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Resident Juristic Persons Investing Under the Foreign Investment Act

No: 42019124 Date(g): 9/11/2020 | Date(h): 24/3/1442

Effective from 2020-11-09 - Nov 08 2020
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57.These include all private Juristic persons such as companies and firms and subsidiaries, or similar entities, and natural persons of Non-Saudi nationality and their Saudi investing partners who are licensed to invest in the Kingdom pursuant to the Foreign Investment Act with license issued by the Saudi Arabia General Investment Authority (SAGIA).